Category: construction

Construction activity growth eases to four-month low in May

Construction activity growth eases to four-month low in May Activity in the construction sector eased to a four month low in May, according to the latest Purchasing Managers’ Index from Ulster Bank. The Ulster Bank Construction PMI fell to 54.9 in May, down from a reading of 56.6 in April. But despite the slowdown, the […]

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Construction activity growth quickens in April despite Brexit concerns

Construction activity growth quickens in April despite Brexit concerns Construction activity rose sharply last month with April marking the 68th consecutive month of stronger construction activity in Ireland. The Ulster Bank Construction Purchasing Managers’ Index – which tracks changes in total construction activity – rose to 56.6 in April up from 55.9 in March. Ulster […]

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Apartments on the rise as house-building slows

Apartments on the rise as house-building slows The number of apartments built here increased 64pc in the first three months of the year, driven by investment from so-called ‘cuckoo funds’. At the same time there has been a slow-down in the pace of new house-building, which has clocked up the slowest increase since 2013. The […]

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Dublin 7th most expensive place in the world to build

Dublin 7th most expensive place in the world to build Dublin is the seventh most expensive place in the world to build, with average construction costs at $3,245.10 per metre squared, a new report shows. The International Construction Market Survey, from global professional services company Turner & Townsend, shows that San Francisco takes the top […]

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Housebuilding boosts ‘robust’ construction growth

Housebuilding boosts ‘robust’ construction growth Construction sector output remained strong in March, and was led by housebuilding for the third month in a row, according to the latest industry figures. Ulster Bank’s construction industry purchasing managers index (PMI) tracks output and sentiment among hundreds of managers month to month. The latest PMI reading of 55.9 […]

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Pace of construction activity growth slows in March

Pace of construction activity growth slows in March The pace of expansion in construction activity eased in March, the latest Ulster Bank Construction Purchasing Managers Index shows. The index eased to 55.9 in March from 60.5 in February, but Ulster Bank said this follows a very strong February performance and the still-robust level of the […]

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